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11 contributions to The Real Estate Academy
Getting Started in Real Estate With Limited Experience — What Most Beginners Get Wrong One thing I’ve learned in property business is this:
A lot of newcomers spend months consuming videos, joining communities, studying different strategies, and waiting until they “know enough” before taking action. The reality? Real estate rewards execution, not just information. But there’s another mistake on the opposite side jumping into the first deal without understanding the numbers, the market, the financing, or the risks. So how do you find the balance? Here’s what I’ve found works: 🔹 Pick ONE strategy first. Don’t try to master wholesaling, flipping, rentals, land, and commercial real estate simultaneously. Choose one model and understand how money is actually made. 🔹 Learn to analyze deals before trying to close them. Understand purchase price, repairs, financing, cash flow, comparable sales, operating expenses, and your potential exit. A deal that “looks cheap” isn't necessarily a good deal. 🔹 Start building relationships early. Connect with investors, agents, lenders, contractors, and experienced operators. Sometimes the fastest way to learn isn't another course—it's being around people who are already doing the work. 🔹 Use small mistakes as tuition. You don't need to make a huge investment just to gain experience. Analyze deals, make offers where appropriate, shadow experienced investors, and learn from opportunities that don't work out. The biggest mindset shift is understanding that being inexperienced isn't the real problem. The real problem is trying to become an expert before becoming a participant. You can learn forever and still never do your first deal. So I'm curious: For those who are new to real estate, what is the ONE thing you feel is stopping you from taking your first serious step, and what would help you overcome it?
2 likes • 8d
@Jake Burhans Absolutely, Jake. That’s a valuable perspective, focusing on skill development instead of chasing the outcome can make the process much more sustainable. I’m in property business as well, and one thing that’s helped me scale more effectively is having an additional income stream that supports my property goals. It gives me more flexibility to keep learning and executing without putting unnecessary pressure on every deal. What skill do you think made the biggest difference for you along the way?
0 likes • 4d
@Jake Burhans I can definitely relate to that, Jake. Over time, I’ve learned that uncertainty is simply part of building a serious business, especially in real estate. What helped me personally was not only becoming comfortable with it, but also creating another source of income that could support me while I continued growing my property business. I’ve built an online income stream that gives me additional capital to put back into real estate, whether that’s funding marketing, covering expenses, building reserves, or taking advantage of the right opportunity when it comes along. It has given me more flexibility because I’m not depending entirely on the next property deal to fund the next step. For me, the goal isn’t to choose between online business and real estate. The online income helps fuel the real estate, while the real estate builds toward long-term wealth. Have you ever considered building an online income stream specifically to create additional capital for your property investments?
What if your real estate business had its own financial support system?
One thing I’ve come to appreciate in my real estate journey is that sometimes the biggest challenge isn’t finding a great deal, it’s having the capital and flexibility to act when the right deal appears. That’s one reason I believe in building an income stream outside of real estate. For me, having an online income stream alongside my real estate business has created an additional source of funds that I can put back into what I’m building. Instead of expecting every property to immediately produce the money I need for the next opportunity, I have another stream helping fuel the journey. Think about it: ➡️ Online income can help fund marketing and lead generation. ➡️ It can help build reserves for unexpected expenses. ➡️ It can provide additional capital toward future deals. ➡️ And perhaps most importantly, it can reduce the pressure to jump into a deal simply because you need a quick return. That last part is huge. When you’re financially dependent on your next real estate deal, you may look at an opportunity and think, “How can I make this work?” But when you have another income stream supporting you, the question becomes: “Does this deal actually make sense?” That shift can lead to better decisions. I’m not saying everyone needs to abandon their real estate strategy and become an online entrepreneur. Quite the opposite. I see the online income stream as a supporting engine, something that can help provide cash flow while your real estate investments work toward building long-term wealth. Real estate can build the assets. An online business can help generate the fuel to keep acquiring them. That combination is something I wish more people in real estate would explore. If you could create an online income stream specifically to support your real estate goals, what would you want it to help you accomplish first, build capital for your first deal, fund more marketing, create reserves, or scale into more properties? I’d genuinely like to hear what everyone thinks. 👇
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What if your real estate business didn’t have to carry the entire financial load?
One lesson I’ve learned through building my real estate business is that having another income stream can completely change how you approach opportunities. For me, having an online income stream alongside real estate has given me additional funds that I can put back into the business, whether that means marketing, analyzing more opportunities, covering business expenses, or preparing for the next deal. And honestly, I think there’s a bigger advantage people sometimes overlook. When real estate is your only source of income, financial pressure can influence your decisions. You may feel tempted to force a deal because you need the money. But when you have another income stream helping support the business, you can be more patient and selective. You can walk away from a bad deal because you don't need to force it. That’s the mindset shift I’ve experienced. I’m not saying everyone needs to build an online business or replace real estate with something else. I’m saying that having multiple sources of income working toward the same financial goal can give you more flexibility, more capital, and potentially more room to grow. The interesting part is that an online income stream doesn’t necessarily have to be complicated. There are different models people can build around their skills, knowledge, services, or digital businesses. So I’m curious about the community: If you could build an online income stream specifically to generate extra capital for your real estate business, what would you want it to look like, and what would you use the extra income to fund first? 👇
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A Deal Doesn't Become a Good Deal Just Because You Want It to Work.
One thing I've learned through property is that sometimes the hardest part of a deal isn't finding the opportunity. It's being honest enough to walk away from it. Early on, it's easy to get emotionally attached. You spend hours finding the property. You speak with the seller. You start imagining the finished project. You run the numbers again because you want them to work. And that's where things can become dangerous. I've learned to ask a different question: “If I had no emotional attachment to this property, would I still take this deal?” That question can save you from forcing the numbers. A property can be cheap and still be expensive. A seller can be motivated and the deal can still be wrong. And a projected profit isn't the same thing as money actually ending up in your pocket. The investors I respect most aren't necessarily the ones who say yes to everything. They're the ones who know when to say no. Because walking away from one bad deal doesn't mean you've lost an opportunity. Sometimes it means you've protected yourself so you'll still be around for the right one. I'm curious about the people in here who have been doing this for a while: What's a deal you almost pursued but eventually walked away from, and looking back, what made you realize it wasn't worth it?Yes. I understand the strategy you want to use for The Real Estate Academy. You want your posts to: - Build relationships before business conversations - Attract attention without constantly talking about making money - Show that you understand real estate through useful observations and lessons - Encourage people to comment and share their own experiences - Create curiosity about how you think and operate without revealing your capital-generation method - Sound like a real investor having a conversation, not a marketer or AI - Use a different angle, story, question, or lesson every day - Avoid repetitive phrases such as “here’s the truth, most people, or the biggest mistake in every post
0 likes • 8d
@Bosshogg Macaroni Hello! How are you doing? I came across your profile while browsing though the community and something caught my attention. It made me curious to ask you something, would you be open to a quick question?
You Don’t Need Years of Experience to Start in Real Estate, But You Do Need a Process.
One thing I’ve noticed in real estate is that many beginners don’t struggle because they lack ambition. They struggle because they’re trying to learn everything before taking their first serious step. Wholesaling, rentals, flipping, commercial, creative financing… there’s so much information available that it’s easy to become a student forever and never become an investor. The reality is, experience comes from doing—not just studying. You don’t need to know everything to analyze your first deal. You need to understand the fundamentals: • Pick one strategy and learn its numbers. • Focus on one market instead of chasing every opportunity. • Learn how to evaluate deals before worrying about closing them. • Build relationships with agents, investors, lenders, contractors, and other people already active in the market. • Start small enough that mistakes become lessons, not disasters. One approach that has helped me is asking: “What is the smallest step I can take today that puts me closer to understanding a real deal?” That question changes everything. You stop waiting until you feel “ready” and start building competence through real conversations, real analysis, and real-world experience. Sometimes the biggest advantage a beginner can have isn’t experience—it’s the willingness to learn, ask better questions, and actually take action. For those who have already started: what was the one thing that helped you go from learning about real estate to actually taking your first serious step? 👇
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Jayme Smaldone
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12 points to level up
@jayme-smaldone-8169
Property Investor | Investing Smart. Building Wealth. Creating Legacy.

Active 2d ago
Joined Aug 11, 2026
United States
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